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Morning Briefing Strong rise in Euro (1.2533) seen yesterday is continuing today and as projected yesterday, it is now very near to the previous high of 1.2537 (25-Jan) which could be the next Resistance level to look at. We repeat: if this also breaks, then we would look at 1.2600 and 1.2670. However there are some chances of a dip from 1.2537.
Last Updated Open High Low Close
16-Feb-18 1.2506 1.2556 1.2394 1.2414
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Vikram Murarka ["Vikram Murarka, Chief Currency Strategist at KSHITIJ.COM. Likes to look at the markets from many different angles. Weaves many conventional and unconventional technical analysis techniques and fundamental analysis into a global macro perspective. Likes to take the road less traveled."]
FEB 1, 2018 AT 4:34 PM

01Feb18 #Euro 1.2429: As expected, #Euro is ranged between 1.2475 and 1.2350 even after the FOMC. A break below 1.2350 (if seen) could be significant.
~ Vikram Murarka